To resist the risks brought by the depreciation of the US dollar, many parts of the United States have recognized gold and silver as legal tender

On May 27th local time, Florida Governor DeSantis signed a bill officially recognizing gold and silver coins that meet specific purity standards as the state's legal tender. DeSantis said that this move aims to enhance the financial freedom of Florida residents and resist the risks brought by the depreciation of the US dollar. According to the latest research report by Goldman Sachs, gold is a better choice than Bitcoin for hedging against the risk of a US dollar collapse. Utah was the first state in the United States to pass a similar bill. Afterwards, Texas, Tennessee, Arkansas, Missouri, and other states successively enacted laws to designate gold and silver coins as legal tender. CNTV